41 Merriwa Street, Katoomba NSW 2780
This property is Off Market
- Last sold 8/30/2017 for $880,000. The Average property price in this area is $1,032,865, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 80.08 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/24/2024 63 SIXTH AVE $780,000
- 10/23/2024 1 DORA ST $790,000
- 10/18/2024 36 MERRIWA ST $690,000
- 10/18/2024 18 RUPERT ST $1,160,000
- 10/17/2024 19 FARNELLS RD $692,500
About Katoomba - Leura
With an average age of 51, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $340. The average family earns a weekly income of $1,455 with a typical household size of 1.9 and a 98.07% employment rate.
In Katoomba there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Katoomba is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Katoomba changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Katoomba to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
Wentworth Falls
Bullaburra
Lawson
Blackheath
Medlow Bath
Katoomba
Hazelbrook
Leura
Mount Victoria
Woodford
General Points of Interest
Centennial Glen (The Grotto)
Sunbath
Peace Memorial
Megalong Valley Pioneers
Digger Cooper Memorial
Camp Street Climbing
Dardenelles Pass
Leura Cascades
Govetts Leap
Mount Rennie Tunnel entrance
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 1587 asthma sufferers and 806 people living with diabetes. In addition, 724 people have a heart/vascular condition and 1607 people live with three or more chronic diseases.A good place to invest in property?
Katoomba - Leura a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
16 / 100
31 / 100
Industry
25 / 100
22 / 100
Population
23 / 100
19 / 100
House Prices
54 / 100
60 / 100
Jobs
24 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsKatoomba HS Katoomba PS
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Katoomba Public School
Katoomba, NSW, 2780 State K-6
Property Story
41 Merriwa Street, Katoomba, Nsw, 2780 is a residential property with 4 bedrooms, 2 bathrooms and 1 Parking spaces. The estimated value of this home is $1,310,000 while properties of this type typically sell for between $730,000 and $2,595,000 in this suburb. The estimated distance to the sea is 80.08km and 0.18KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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